Amar Bhidé

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Amar Bhidé is Thomas Schmidheiny Professor at The Fletcher School of Law and Diplomacy at Tufts University. Previously he was Professor of Business at Columbia University, a former Senior Engagement Manager for McKinsey & Co. and Vice President of E.F. Hutton.

His latest book “A Call for Judgment” – Sensible Finance for a Dynamic Economy clearly explains how bad theories and mis-regulation have caused a dangerous divergence between the real economy and finance. In simple language Bhidé takes apart the so-called advances in modern finance, showing how backward-looking, top-down models were used to mass-produce toxic products.

In his previous book“The Venturesome Economy” – How Innovation Sustains Prosperity in a More Connected World, he uses extensive field studies on venture-capital-backed businesses to examine how technology really advances in modern economies.

Amar Bhide takes apart the so-called advances in modern finance, showing how backward-looking, top-down models were used to mass-produce toxic products. He offers tough, simple rules: limit banks and all deposit taking institutions to basic lending and nothing else.

The Venturesome Economy won the Association of American Publishers’ PROSE Award for Professional and Scholarly Excellence in Business, Finance and Management and was in the “Best of 2008” lists of the Economist, BusinessWeek and Barrons. He also authored “The Origin and Evolution of New Businesses” and “Of Politics and Economic Reality.”

Professor Bhidé is a member of the Council on Foreign Relations and a Fellow of the Royal Society of Arts. He has served on the faculty of Harvard Business School and the University of Chicago’s Graduate School of Business.